1srelluc
Diamond Member
The tariffs will apply to goods from China and other nations. Washington has been pressuring Mexico to move away from dealing with China.
Mexico’s Congress authorized up to 50 percent tariffs on Chinese imports on Wednesday, a move seen as an effort to align Mexico with the United States amid pressure from Washington.
On Wednesday morning, Mexico’s lower chamber of Congress approved the tariffs, which apply to China and other countries with which it does not have a trade deal. Mexico’s Senate then passed the bill in an expedited vote on Wednesday night. Seventy-six senators voted in favor versus only five against, while 35 abstained.
President Claudia Sheinbaum, who proposed the tariffs in September, is widely expected to approve the legislation, which would then take effect in January. The tariffs would affect a wide variety of goods, including automotive parts, textiles, furniture, plastics, steel and aluminum.
Ms. Sheinbaum has denied that the tariffs are to appease Washington. She has said they will help boost Mexico’s domestic manufacturing — a major priority of hers — and close its large trade deficit with China, which buys comparatively little from Mexico.
Good! China has been dumping stuff in Mexico for years.
Of course the NYT just had to say that it's Trump's fault.
Mexico’s Congress authorized up to 50 percent tariffs on Chinese imports on Wednesday, a move seen as an effort to align Mexico with the United States amid pressure from Washington.
On Wednesday morning, Mexico’s lower chamber of Congress approved the tariffs, which apply to China and other countries with which it does not have a trade deal. Mexico’s Senate then passed the bill in an expedited vote on Wednesday night. Seventy-six senators voted in favor versus only five against, while 35 abstained.
President Claudia Sheinbaum, who proposed the tariffs in September, is widely expected to approve the legislation, which would then take effect in January. The tariffs would affect a wide variety of goods, including automotive parts, textiles, furniture, plastics, steel and aluminum.
Ms. Sheinbaum has denied that the tariffs are to appease Washington. She has said they will help boost Mexico’s domestic manufacturing — a major priority of hers — and close its large trade deficit with China, which buys comparatively little from Mexico.
Good! China has been dumping stuff in Mexico for years.
Of course the NYT just had to say that it's Trump's fault.
